• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Algorand unveils live staking rewards

user avatar

by Giorgi Kostiuk

2 months ago


The Algorand blockchain network has announced the launch of a new staking rewards program offering real-time payouts to validators.

Algorand Network Update

The Algorand Foundation stated that the staking rewards program follows a recent upgrade to the network's consensus mechanism. Minimum rewards are set at 10 ALGO per block, with validators also receiving 50% of transaction fees in every block. However, block rewards will decrease by 1% after every one million blocks.

Staking Program Features

Algorand's staking system offers distinctions from other proof-of-stake networks. ALGO staking rewards are distributed in real-time with no risk of slashing or restrictive lockups. Algorand nodes have full access to their tokens at all times, and the staking rewards are non-inflationary, meaning payouts do not affect the native token's total supply.

Opportunities for ALGO Holders

ALGO holders can participate in the staking program and earn rewards by contributing to network security in various ways. These include liquid staking through Tinyman, Folks Finance, Messina, and CompX, as well as participating in the consensus staking pool or delegated staking on Pact and Valar. Staking on centralized exchanges is expected to go live later this year.

While staking on Algorand is highly inclusive, it's highly secure as well.John Woods, Algorand Foundation CTO

The new staking rewards program on Algorand offers unique opportunities for participants, characterized by high security and non-inflationary payouts.

0

Share

Other news

Ethereum: Selling Pressure from Whales and DeFi Market Shift

Ethereum's drop below $1,800 raises market concerns. The $1,762 support level is crucial for a potential price reversal.

user avatarGiorgi Kostiuk

a few seconds ago

Blockchain Networks Compared: Solana, Avalanche, and BlockDAG Testnet

Explore the differences and achievements of Solana, Avalanche, and the BlockDAG testnet in blockchain technology.

user avatarGiorgi Kostiuk

a few seconds ago

Trump's Financial Transparency: Links with World Liberty Financial Raise Questions

Senators demand SEC transparency regarding Trump's ties to crypto company WLFI.

user avatarGiorgi Kostiuk

a minute ago

Crypto Industry Trends: Examining Arctic Pablo Coin, Cheems, and Book of Meme

Overview of the latest cryptocurrency developments: Arctic Pablo Coin, Cheems, and Book of Meme.

user avatarGiorgi Kostiuk

10 minutes ago

Ripple Introduces RLUSD to Enhance Global Payments

Ripple Labs integrates RLUSD to simplify cross-border payments and increase liquidity.

user avatarGiorgi Kostiuk

11 minutes ago

Cryptocurrencies Worth Watching: Qubetics, HNT, and AAVE

An overview of Qubetics, HNT, and AAVE: innovations and prospects through 2025.

user avatarGiorgi Kostiuk

11 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.